-Outlook The CPI(M) today castigated the government for foregoing over Rs 5.73 lakh crore as tax revenues by granting tax concessions to the rich, saying the amount was Rs 53,000 crore more than the fiscal deficit. "The budget proposals will further enrich the rich and impoverish the poor," senior CPI(M) leader Sitaram Yechury told reporters while reacting to the 2013-14 Budget. Quoting data presented in the budget, he said the aggregated revenue foregone...
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Those who stand and wait-Sreelatha Menon
-The Business Standard For some people, travelling by train to their village 1,400 km away is a journey through hell. These are people who travel unreserved. Their suffering is all the more traumatic for being symbolic of the apathy of those who run the trains and the country. Saraswati Mondal, an illiterate domestic worker in Delhi, going to Murshidabad by Kalka Mail goes to New Delhi station, walks into a crowd of...
More »Union Budget 2013: Food Bill a promise of the UPA government, says Chidambaram
-NDTV Finance Minister P. Chidambaram has earmarked Rs. 10,000 crore as incremental cost to implement the Food Security Bill, which he described as a promise of the UPA government. A centrepiece of the ruling government's campaign in 2009, the Bill was cleared last month by a parliamentary committee. The Bill says 75 per cent of the rural population and 50 per cent of the poor in urban India - about 800 million people...
More »Slash subsidy, raise prices of diesel and LPG: Economic Survey
-PTI Claiming that the "downturn is more or less over", the pre-Budget Economic Survey on Wednesday projected an optimistic 6.1 to 6.7 per cent growth in the next fiscal and made a strong call for cutting subsidises. While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by finance minister P Chidambaram said "...the overall economy is expected to grow in the...
More »Left leaders meet PM, hand over 4 crore signatures for Food security law
-The Times of India Leaders of four Left parties "CPM, CPI, RSP and Forward Bloc" on Tuesday handed over a memorandum signed by four crore people demanding effective Food security law to the prime minister. Left leaders, including Prakash Karat (CPM), S Sudhakar Reddy (CPI), Debabrata Biswas (Forward Bloc) and T J Chandrachoodan (RSP) met Prime Minister Manmohan Singh and urged him to bring a Food security legislation in the ongoing budget...
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